Posts Tagged ‘
Crude Oil ’
Jun 16th, 2008 |
By Mike Caggeso |
Category: Oil Investment & Alternative Energy
High gas prices have forced Exxon Mobil Corp. (XOM) - the world’s largest oil company - from the retail gasoline business, the company said late Thursday afternoon.
Tags: BP, Crude Oil, Crude Oil Prices, energy, Exxon, Exxon Mobil Corp, Fuel Efficient Vehicles, Gas Stations, Gasoline Sales, OPY, RDS.A, RDS.B, Royal Dutch Shell Plc, US energy consumption, XOM
Posted in Oil Investment & Alternative Energy |
Jun 13th, 2008 |
By Contrarian Profits |
Category: Featured, Financial News
Petroleo Brasileiro SA and the UK’s BG Group have made a second major oil find in Brazil’s Santos Basin.
The Guara exploration well struck oil in the BM-S-9 concession area – the same block as September’s Carioca discovery, which could contain as many as 33 billion barrels of oil.
“There are those who will tell you that oil is a cyclical business and a global fungible commodity,” says Christian DeHaemer in Taipan Daily.
Tags: Brazil, Brazilian Natural Gas, Brazilian Natural Gas Find, Brazilian Oil, Brazilian Oil Find, Christian Dehaemer, Conventional Energy, Conventional Energy ETF, Crude Oil, Crude Oil Prices, Emerging Markets, Emerging Markets ETF, Energy ETF, Gas, natural gas, Oil ETF, Oil Prices, peak oil
Posted in Featured, Financial News |
Jun 7th, 2008 |
By Doug Casey |
Category: Oil Investment & Alternative Energy
In the energy market Thursday, crude for July delivery headed for the moon, rocketing heavenward to close at a record $138.54/barrel, up $10.75. July reformulated gasoline shot 21.8 cents higher, to $3.548/gallon, marking a two-day gain of nearly 11%.
Tags: , Crude Oil, Ehud Olmert, energy, Energy Market, Global Resources, Kevin Kerr, Morgan Stanley, Nuclear Weapons, oil, Oil Price, Oil Prices, West Texas Intermediate
Posted in Oil Investment & Alternative Energy |
Jun 7th, 2008 |
By Jason Simpkins |
Category: Oil Investment & Alternative Energy
Crude oil for July delivery traded at an all-time high of $139.12 a barrel on the New York Mercantile Exchange today (Friday), after the U.S. dollar nosedived on speculation that the European Central Bank would raise its key lending rate and on worries that a bigger-than-expected spike in unemployment meant the U.S. economy was far weaker than feared.
Tags: , BK, BNPQY, Crude Oil, dollar, Dow Jones, ECB, Economy, energy, Federal Reserve, Greenback, Nasdaq, Nymex, oil, recession, resources, Unemployment Rate
Posted in Oil Investment & Alternative Energy |
Jun 6th, 2008 |
By Dan Denning |
Category: Politics & Economics
We haven’t given you much of a view of how the economy here looks in Colorado. Sorry. We’ve been too busy eating massive portions of food while fending off rubber-band toting nieces and nephews. But since we’re on our way back to Melbourne tomorrow, how about a few parting observations from Colorado?
Tags: Australian debt, Cheap Energy, Crude Oil, dot com bubble, economics, Exxon Mobil, Fuel Prices, Kb Homes, LEH, Middle Eastern Sovereign Wealth Funds, oil shale, politics, Retail Network, US debt, US economy, US presidential campaign, Wal Mart
Posted in Politics & Economics |
Jun 5th, 2008 |
By Stephanie Grimmett |
Category: Oil Investment & Alternative Energy
It’s not excluded that, after having carefully examined the situation, that we could decide to move our rates for a small amount at our next meeting. I didn’t say it’s certain. I said it’s possible.” — European Central Bank President Jean-Claude Trichet.
Tags: Crude Oil, dollar, ECB, energy, Henry Paulson, inflation, oil, Oil Prices, Price Of Oil, Secretary Of The Treasury
Posted in Oil Investment & Alternative Energy |
Jun 5th, 2008 |
By Doug Casey |
Category: Gold Market
Gold had a lackluster day, reaching only as high as $885 early in the New York session on Wednesday, then getting ground slowly down straight through the Globex to finish at $878.50/oz., down $2.80. Overnight, gold has been trending lower.
Tags: Ben Bernanke, Crude Oil, dollar, fed, Globex, gold, Gold Market, Oil Market, platinum, Precious Metals Market, resources, silver
Posted in Gold Market |
Jun 3rd, 2008 |
By Andrew Gordon |
Category: Oil Investment & Alternative Energy
The airline industry is a mess. Things are so out of whack that one airliner, American Airlines, announced last week that it was going to charge for the baggage that passengers check.
Tags: Airline Industry, Airline Stocks, American Airlines, China domestic airline industry, Crude Oil, Crude Prices, Jet Fuel Prices, United Airlines, US oil fund, USO, West Texas Intermediate, Wti
Posted in Oil Investment & Alternative Energy |
Jun 3rd, 2008 |
By Doug Casey |
Category: US Dollar & Forex Trading
In the currency market, the dollar eked out a slight gain against the euro. Late Monday, the euro was trading at $1.5536 vs. $1.5549 on Friday.
Tags: Bank Of New York Mellon, Crude Oil, Currency Market, dollar gains, euro, Fed Watchers, Federal Reserve Bank Of Atlanta, US dollar
Posted in US Dollar & Forex Trading |
May 30th, 2008 |
By Brian Hunt |
Category: Emerging Markets
Early this week, we introduced the idea of buying the ABCs – Australia, Brazil, and Canada – as a way to own commodities for the long term. Several DailyWealth readers wrote to ask, “Great… but what about Russia?”
Tags: Capitalism, CEE, Central Europe, commodities, Crude Oil, diamonds, Emerging Markets, etf, Gazprom, minerals, mining, natural gas, Norilsk Nickel, Russia, Russian Stocks
Posted in Emerging Markets |